Dimitar Radev

Bulgaria to Nominate Kristalina Georgieva for Second Term as IMF Managing Director

Bulgaria is gearing up to nominate Kristalina Georgieva for a second term as the head of the International Monetary Fund (IMF), according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB) and the governor of the IMF for Bulgaria.

Bulgarian National Bank Governor Recommends Fiscal Buffer in 2024 Budget

During a parliamentary budget committee meeting, Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), advocated for a strategic fiscal approach, proposing a 10% buffer allocation within the budget for 2024. This buffer, if not utilized due to unforeseen risks, would be available for expenditure in the final quarter of the year.

BNB Governor: The Adoption of the Euro will not Generate Unhealthy Inflationary Impulses in Bulgaria

Adopting the euro will not generate inflationary impulses above the health levels, but that does not mean that prices will remain unchanged. This is a process of real convergence, which means bringing both incomes and prices closer to the average in Europe. BNB Governor Dimitar Radev said on BNT, reports Dnevnik.